Maeil Dairies (Korea) Market Value

267980 Stock  KRW 34,600  350.00  1.02%   
Maeil Dairies' market value is the price at which a share of Maeil Dairies trades on a public exchange. It measures the collective expectations of Maeil Dairies Co investors about its performance. Maeil Dairies is trading at 34600.00 as of the 17th of March 2025, a 1.02 percent increase since the beginning of the trading day. The stock's open price was 34250.0.
With this module, you can estimate the performance of a buy and hold strategy of Maeil Dairies Co and determine expected loss or profit from investing in Maeil Dairies over a given investment horizon. Check out Maeil Dairies Correlation, Maeil Dairies Volatility and Maeil Dairies Alpha and Beta module to complement your research on Maeil Dairies.
Symbol

Please note, there is a significant difference between Maeil Dairies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maeil Dairies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maeil Dairies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Maeil Dairies 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Maeil Dairies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Maeil Dairies.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Maeil Dairies on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Maeil Dairies Co or generate 0.0% return on investment in Maeil Dairies over 90 days. Maeil Dairies Co., Ltd. produces, sells, and exports milk products and baby foods in Korea and internationally More

Maeil Dairies Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Maeil Dairies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Maeil Dairies Co upside and downside potential and time the market with a certain degree of confidence.

Maeil Dairies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Maeil Dairies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maeil Dairies' standard deviation. In reality, there are many statistical measures that can use Maeil Dairies historical prices to predict the future Maeil Dairies' volatility.
Hype
Prediction
LowEstimatedHigh
34,59934,60034,601
Details
Intrinsic
Valuation
LowRealHigh
34,17434,17538,060
Details
Naive
Forecast
LowNextHigh
33,44933,45033,452
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
33,80934,47735,145
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Maeil Dairies. Your research has to be compared to or analyzed against Maeil Dairies' peers to derive any actionable benefits. When done correctly, Maeil Dairies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Maeil Dairies.

Maeil Dairies Backtested Returns

At this point, Maeil Dairies is very steady. Maeil Dairies has Sharpe Ratio of 0.0509, which conveys that the firm had a 0.0509 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Maeil Dairies, which you can use to evaluate the volatility of the firm. Please verify Maeil Dairies' Standard Deviation of 1.3, mean deviation of 0.9978, and Risk Adjusted Performance of (0.03) to check out if the risk estimate we provide is consistent with the expected return of 0.0586%. Maeil Dairies has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Maeil Dairies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Maeil Dairies is expected to be smaller as well. Maeil Dairies right now secures a risk of 1.15%. Please verify Maeil Dairies Co market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Maeil Dairies Co will be following its current price movements.

Auto-correlation

    
  -0.35  

Poor reverse predictability

Maeil Dairies Co has poor reverse predictability. Overlapping area represents the amount of predictability between Maeil Dairies time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Maeil Dairies price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Maeil Dairies price fluctuation can be explain by its past prices.
Correlation Coefficient-0.35
Spearman Rank Test-0.52
Residual Average0.0
Price Variance732.7 K

Maeil Dairies lagged returns against current returns

Autocorrelation, which is Maeil Dairies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Maeil Dairies' stock expected returns. We can calculate the autocorrelation of Maeil Dairies returns to help us make a trade decision. For example, suppose you find that Maeil Dairies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Maeil Dairies regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Maeil Dairies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maeil Dairies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maeil Dairies stock over time.
   Current vs Lagged Prices   
       Timeline  

Maeil Dairies Lagged Returns

When evaluating Maeil Dairies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maeil Dairies stock have on its future price. Maeil Dairies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Maeil Dairies autocorrelation shows the relationship between Maeil Dairies stock current value and its past values and can show if there is a momentum factor associated with investing in Maeil Dairies Co.
   Regressed Prices   
       Timeline  

Other Information on Investing in Maeil Stock

Maeil Dairies financial ratios help investors to determine whether Maeil Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Maeil with respect to the benefits of owning Maeil Dairies security.